The best ways to add value to your property
Every homeowner would be smart to add value to their home, especially if they plan to put their property on the market in the near or distant future. By doing so, you can quickly work your way up the property ladder, so you can one day settle in your dream home.
If you want to enjoy a greater return on your investment when the time comes to sell, here are the best ways to add value onto your property’s price…
Convert your loft
A loft conversion can be an effective way to increase your property’s floor space, as you can convert it into additional bedrooms to complement your growing family’s needs. Alternatively, you could use it as a playroom, home office, or games room.
In addition to increasing your floor space, it can also add a substantial amount of money to your property’s value. According to Nationwide Building Society, it can add 22% onto its worth.
Fix your roof
Structural problems cannot only spiral out of control when neglected, but they can also decrease your home’s value. If you have a damaged roof, it’s important to fix it as soon as possible. If you don’t have the money sitting in your bank, turn to CashLady to apply for a short-term loan to make the essential repair.
Remodel your kitchen
Property hunters will immediately want to take a look inside your kitchen when viewing your property. If it doesn’t stand out, they’ll be less likely to make you an offer. To make your home more appealing to potential buyers and boost its value, you should embark on a kitchen remodel.
Add a conservatory
A conservatory is the epitome of luxury, as you’ll have all the comfort of home while enjoying the tranquillity of the outdoors. It, therefore, might be unsurprising to learn that a conservatory can increase your property’s price by up to 5%. However, the frame material you pick can affect its price and performance, as you can choose from:
However, different materials will have different qualities, so make an informed decision and consult an expert for advice.
Transform your bathroom
A luxury bathroom is one of the easiest ways to increase your property’s sale price. The good news is, you don’t need to spend a significant amount of money to do so.
You could keep your outgoings down by:
- Updating a shower enclosure
- Buying a bathroom suite over individual pieces
- Installing a heated towel rail
- Adding luxury towels and soap
- Hanging a medicine cabinet
- Changing your bathroom fixtures
- Freshening your caulk and grout
Improve your garden’s aesthetic appeal
If you are planning to sell your home, aim to spruce up your garden’s aesthetic appeal. For example, adding a patio or decking can transform your outdoor area into an entertaining space, which can boost your home’s overall value. First impressions count, so mow your lawn, give your walls or fencing a lick of paint, and sweep away any leaves.